7 comments:

Maybe its the din and bustle of women's reservation bill.More interesting question than the share price movement is what happens to the ownership of BoR now?What other penalties can RBI invoke on Tayals to enforce its regulations? Is BoR the only Bank that has gotten around the shareholding regulations. If the promoters can be unethical about their shareholding, they can also be unethical about the prudential norms of lending. Can the depositors be sure about the security of their moneys? This can have major ramifications on the upcoming new Bank licenses.

Uday Kotak is another example of promoters owning more than 44% in a bank. So promoters owning more than RBI's stipulated holdpat is not unusual. However, what worries me is the fact with cases such as these...liberalization of the Indian banking sector becomes even more difficult.

The Bank of Rajasthan is not a widely tracked or invested bank,_for obvious reasons_. SO there is very little interest in the bank, usually. But, still even I am surprised at the market reaction...

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